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Objective questions multiple choice. What are the answers? Among the deductions imposed on the gross earnings of an employee are: a. FUTA and SUTA taxes
Objective questions multiple choice. What are the answers?
Among the deductions imposed on the gross earnings of an employee are: a. FUTA and SUTA taxes b. FICA and FIT taxes c. FUTA, SUTA, FICA and FIT taxes d. FICA, FIT and workers compensation taxes 11. 12. In accounting for payroll, each employee deduction is credited to a(n): a. Asset b. Liability c. Expense d. Contra-asset The Fair Labor Standards Act covers Bill Forest. During the week, he worked 43 hours His regular pay is $14 an hour. What are his gross earnings for the week? a. $560 b. $602 c. $623 d. $644 13 Step by Step Solution
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